Sales and operating profits for Samsung Electronics are all down for the third quarter.
The company posted 47-point-eight trillion won in third-quarter sales, down seven and a half percent from last year.
Samsung's Q3 operating profits plunged 29-point-seven percent from last year to five-point-two trillion won.
Just since the second quarter, Samsung's sales have dropped by more than six percent and operating profits have dipped more than 36 percent.
These are the lowest quarterly operating profit figures for Samsung Electronics in two years.
The company was hit badly by the recall and production halt of the Galaxy Note 7 smartphone.
Some of the losses were offset by more than 4 trillion Won in operating profits from semiconductors and flat panel displays.
Separately, shareholders of Samsung Electronics have approved the nomination of Vice Chairman Lee Jae-yong to the board of directors.
It's the first time in eight years for a member of the conglomerate's family to sit on the corporate board since Lee's father, group Chairman Lee Kun-hee retired from the board amid a prosecutor's investigation in 2008.
Source: KBS World Radio
